RNU 6.82% 9.4¢ renascor resources limited

General Discussions, page-27747

  1. 2,742 Posts.
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    The FA has not changed with plenty of money in the bank and they have the funds to build the mine tomorrow, as government loan and their desire to get things going quickly is there.. The PSG facilities can be done later as stage 2.

    It all comes down to locking in sustainable offtake prices The Koreans and Japs will sign tomorrow as well at today's prices, but rightfully RNU will hold off until after Chinese New Year when commodity prices get stronger. We are the closest to being the next producer and Lithium and graphite prices will kick off again once they realise there will not be enough supply in a year to produce any EV's.

    All the investment houses and hedge funds are screaming in articles there is to much supply, but on the flip side Gina, Forrest and other large world class companies are buying or investing any worthwhile Lithium, copper nickel and graphite companies who have large resources.

    So who do you back or follow, the articles with their own agenda's, or the large fish buying up with their own money more resources.
 
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